24 Altamount Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2014 | Sold | ||
| Sold | |||
| Jul 16, 2014 | Listed by Leading Edge Real Estate | $425,000 | |
| Listed by Leading Edge Real Estate | |||
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Nestled in a quiet, tranquil neighborhood is this raised ranch which offers a versatile floor plan to accommodate the extended family. Main living level has bright kitchen with granite counters, spacious living/dining room combo, three bedrooms, full bath and bonus family room. Downstairs there is an additional kitchen, living/dining area, bath and bedroom with great closet space. Also, plenty of storage and an attached two car garage. New roof in 2011. New oil burner in 2013 with four zones of heat. This home offers many possibilities as either a single family with a large family or a legal 2-family if owner occupied. Private lot out back to enjoy the summer evenings. Current tenant pays $1000 per month which does not include electricity. She has an outstanding rental history and would love to stay if at all possible. This home is in great shape, has a private location and is awaiting it's next owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017